The Great Patent Bubble of 2011 John Pryor, Managing Director Europe, ICAP Patent Brokerage

Abstract

In July 2011 "Rockstar Bidco" (a consortium comprising unlikely bed fellows Microsoft, Apple, RIM, Sony, Ericsson Mobile Communications AB and EMC Corp/Massachusetts) , paid $4.5bn for 6,000 Nortel patents as part of a bankruptcy proceeding, when 6 months previously $400m was thought to be a good offer!

In this context the investment bankers are now asking how, where, why and when do we extract value from patents? And Lazards are now perceived to be an expert patent monetisation advisor!

This presentation will explore the following:
   * Has the market for patent transactions changed for ever?
   * Should companies now alter the way they manage their IP portfolios to achieve optimum value for patents assets?
   * Who are the expert advisors in the patent transactions field?

Speaker Biography

John Pryor is Managing Director Europe in ICAP Patent Brokerage's London office, and heads up Europe for both the Private Brokerage and Live IP Auction platforms.

Prior to joining ICAP Patent Brokerage, Mr. Pryor was Vice President at CPA Global, a $1bn intellectual property company and the market leader in the management of intellectual property. At CPA Global he was responsible for developing and executing programs to help clients align their IP portfolios with their corporate strategies and to realise substantial economic benefits and returns on their IP investments.

He also served as a Strategy Consultant at Accenture and Sales & Marketing Manager with Procter & Gamble. He has an extensive knowledge of IP strategy and a thorough understanding of how businesses can best manage their intellectual property. He has an MBA from Warwick Business School and a BSc (Hons) from Kings College, University of London.